Finland - Drilling Or Morticing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Finland - Drilling Or Morticing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Wood Drilling Machine Price in Finland - 2023

Contents:

  1. Wood Drilling Machine Price in Finland (CIF) - 2022
  2. Wood Drilling Machine Price in Finland (FOB) - 2022
  3. Wood Drilling Machine Imports in Finland
  4. Wood Drilling Machine Exports in Finland

Wood Drilling Machine Price in Finland (CIF) - 2022

In 2022, the average wood drilling machine import price amounted to $689 per unit, rising by 72% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The import price peaked at $2,398 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($3,126 per unit), while the price for China ($185 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), while the prices for the other major suppliers experienced a decline.

Wood Drilling Machine Price in Finland (FOB) - 2022

In 2022, the average wood drilling machine export price amounted to $154 per unit, falling by -75.8% against the previous year. Overall, the export price faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 an increase of 383% against the previous year. The export price peaked at $3,747 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($743 per unit), while the average price for exports to Democratic Republic of the Congo ($5.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+7.8%), while the prices for the other major destinations experienced a decline.

Wood Drilling Machine Imports in Finland

In 2022, supplies from abroad of drilling or morticing machines decreased by -24.4% to 2K units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 259% against the previous year. As a result, imports reached the peak of 4K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood drilling machine imports skyrocketed to $1.4M in 2022. In general, imports recorded a abrupt descent. Imports peaked at $2.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Wood Drilling Machine in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,1961,538403639-33.7%
Germany11.92.87.9190151.8%
Austria340325304185-18.4%
China86.54382261025.6%
Netherlands1.498.69.276.1278.8%
Sweden10.38.842.436.051.8%
Others20.724479.116198.1%
Total2,6672,6561,0721,391-19.5%

Top Suppliers of Wood Drilling Machine to Finland in 2022:

  1. Italy (968.0 units)
  2. China (555.0 units)
  3. Germany (197.0 units)
  4. Netherlands (115.0 units)
  5. Sweden (93.0 units)
  6. Austria (59.0 units)

Wood Drilling Machine Exports in Finland

In 2022, approx. 120 units of drilling or morticing machines were exported from Finland; with an increase of 85% against the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at 122 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wood drilling machine exports fell markedly to $18K in 2022. Overall, exports, however, continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 when exports increased by 153%. As a result, the exports reached the peak of $106K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Wood Drilling Machine in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia11.362.210.68.6-8.7%
KazakhstanN/AN/AN/A2.30%
UruguayN/A7.2N/A2.2-44.7%
PolandN/A2.10.61.7-10.0%
Sweden0.1N/A1.11.2128.9%
IcelandN/AN/AN/A0.70%
Democratic Republic of the CongoN/AN/AN/A0.30%
LithuaniaN/A0.54.5N/A800.0%
SerbiaN/A10.0N/AN/A0%
TanzaniaN/AN/A0.9N/A0%
Netherlands1.0N/AN/AN/A0%
Others29.323.923.61.4-63.7%
Total41.710641.418.5-23.7%

Top Export Markets for Wood Drilling Machine from Finland in 2022:

  1. Democratic Republic of the Congo (55.0 units)
  2. Estonia (27.0 units)
  3. Poland (13.0 units)
  4. Kazakhstan (10.0 units)
  5. Sweden (4.0 units)
  6. Uruguay (3.0 units)
  7. Iceland (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood drilling machine market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials

Country coverage:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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